Advertising with us can place you in front of thousands of visitors a day. Learn more!
- Alaska Statutes.
- Title 21. Insurance
- Chapter 42. The Insurance Contract
- Section 70. Insurance Without Interest, or of Wager, is Void.
previous: Section 60
. Transfer of Interest Between Joint Insureds.
next: Section 75
. Reimbursement of Losses.
AS 21.42.070. Insurance Without Interest, or of Wager, is Void.
- (a) A stipulation in a policy of insurance of property for the payment of loss without regard to absence of an insurable
interest in the property on the part of the insured, or that the policy shall be received as proof of the interest, is
- (b) A policy executed by way of gaming or wagering is void.
All content © 2008 by Touch
N' Go/Bright Solutions, Inc.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.